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On january 1 year. hanover corperation issued bonds with a 45,250 face value stated a...

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Accounting

On january 1 year. hanover corperation issued bonds with a 45,250 face value stated a stated rate of intrest og 9% and a 5 year term to maturity. The bonds were issued at 99. Hanover uses the straight line method to amortize bond discounts and premiums. Interest is payable is cash on december 31 each year

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